Common use of Major Actions Clause in Contracts

Major Actions. Notwithstanding anything to the contrary set forth in the Articles of Incorporation or the By-laws of the Corporation, the affirmative vote of the holders of a majority of the outstanding shares of Series D Preferred Stock, acting in accordance with Section 6(d) of this Article V.B, voting as a separate class, shall be a prerequisite to:

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Critical Path Inc), Shareholders Agreement (General Atlantic LLC)

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Major Actions. Notwithstanding anything to the contrary set forth in the Articles of Incorporation or the By-laws of the Corporation, the affirmative vote of the holders of a majority of the outstanding shares of Series D E Preferred Stock, Stock acting in accordance with Section 6(d6(b) or 6(c) of this Article V.BV.C, voting as a separate class, shall be a prerequisite to:

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Critical Path Inc), Shareholders Agreement (General Atlantic LLC)

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